Suppose a depositor at the bank writes a check for $25,000 to pay a contractor for some
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Question:
Suppose a depositor at the bank writes a check for $25,000 to pay a contractor for some remodeling work done on her home. The contractor deposits the check in his bank (which is a different bank). What will Last National Bank's balance sheet look like after the check clears? Record the values in the table below.
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